Rational expectations in the overlapping generations model
From MaRDI portal
Publication:1064955
DOI10.1016/0022-0531(85)90043-2zbMath0576.90017OpenAlexW1987742110MaRDI QIDQ1064955
Publication date: 1985
Published in: Journal of Economic Theory (Search for Journal in Brave)
Full work available at URL: https://doi.org/10.1016/0022-0531(85)90043-2
serial correlationrational expectations equilibriaheterogeneous marketsstochastic overlapping generations modelstochastic process of prices
Related Items
Markov rational expectations equilibria in an overlapping generations model, Short-memory equilibrium in stochastic overlapping generations economies, Recursive equilibrium with price perfect foresight and a minimal state space, Existence and local uniqueness of functional rational expectations equilibria in dynamic economic models, Statistical equilibrium in one-step forward looking economic models, Nonmonetary steady states in stationary overlapping generations models with long lived agents and discounting: Multiplicity, optimality, and consumption smoothing, On the existence of sunspot equilibria in an overlapping generations model, Introduction to general equilibrium, Endogenous market incompleteness without market frictions: dynamic suboptimality of competitive equilibrium in multiperiod overlapping generations economies, Lipschitz recursive equilibrium with a minimal state space and heterogeneous agents, Indeterminacy of stationary equilibrium in stochastic overlapping generations models, On the consistency of stationary Markov equilibria with an exogenous distribution., Stochastic OLG models, market structure, and optimality, Non-existence of recursive equilibria on compact state spaces when markets are incomplete., Dominant root characterization of Pareto optimality and the existence of optimal equilibria in stochastic overlapping generations models, Sunspot-like effects of random endowments, Sunspot-like equilibria in an overlapping generations economy with strategic interactions, A characterization of Markov equilibrium in stochastic overlapping generations models, On the nonexistence of recursive equilibrium in stochastic OLG economies, Stationary Markov equilibria on a non-compact self-justified set, Infinite horizon equilibrium with incomplete markets, The unit root property and optimality with a continuum of states -- pure exchange, Existence and optimality of currency equilibrium in stochastic overlapping generations models: The pure endowment case, Endogenous strategic business cycles, Rational belief structures and rational belief equilibria, Overlapping generations models with incomplete markets
Cites Work
- Unnamed Item
- Unnamed Item
- Stationary Pareto optimality of stochastic asset equilibria with overlapping generations
- Existence of competitive equilibrium in a general overlapping-generations model
- Utility perturbations and the equilibrium price set
- Informational diversity over time and optimality of monetary equilibria
- A Difficulty with the Optimum Quantity of Money
- Time to Build and Aggregate Fluctuations
- A Time Series Analysis of Representative Agent Models of Consumption and Leisure Choice under Uncertainty
- Transversality in manifolds of mappings
- Smooth Preferences